MFS Lifetime Income R2 (MLLGX)

Fund Assets	545.15M
Expense Ratio	0.94%
Min. Investment	$1,000
Turnover	5.00%
Dividend (ttm)	0.38
Dividend Yield	3.11%
Dividend Growth	-5.93%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	12.24
YTD Return	2.28%
1-Year Return	3.39%
5-Year Return	13.19%
52-Week Low	12.19
52-Week High	12.83
Beta (5Y)	0.40
Holdings	27
Inception Date	Sep 29, 2005

About MLLGX

MFS Lifetime Income Fund Class R2 is a mutual fund designed to provide investors with sustainable income throughout retirement by utilizing a diversified, multi-asset approach. Its primary function is to generate total return through a blend of current income and capital appreciation, making it suitable for those already in or entering retirement. The fund achieves this by following a 'fund of funds' strategy—allocating assets across other MFS mutual funds, with a typical target allocation of approximately 70% in bond funds, 20% in U.S. stock funds, and 10% in cash funds. This structure aims for both principal preservation and moderate growth potential, balancing risk and reward as retirement needs evolve. The fund regularly rebalances its holdings to maintain its conservative profile, emphasizing fixed income and global diversification. Its monthly dividend payouts and relatively low volatility, reflected in a five-year beta of 0.41, make it a notable option for income-focused retirees. Since its inception in 2005, the fund has exemplified a systematic approach to supporting retirement financial goals, standing out within the target-date retirement fund category.

• Fund Family: MFS
• Category: Target-Date Retirement
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MLLGX
• Share Class: R2
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

MLLGX had a total return of 3.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.44%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FAFAX	Fidelity	Fidelity Advisor Freedom Retirement A	0.71%
FTAFX	Fidelity	Fidelity Advisor Freedom Retirement M	0.96%
FNSHX	Fidelity	Fidelity Freedom Retirement K	0.42%
FYTKX	Fidelity	Fidelity Freedom Retirement Fund Class K6	0.24%
FFFAX	Fidelity	Fidelity Freedom Retirement Fund	0.45%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MLLKX	R6	0.32%
MLLIX	I	0.44%
MLLJX	R4	0.44%
MLLHX	R3	0.69%

Top 10 Holdings

79.46% of assets

Name	Symbol	Weight
MFS Limited Maturity R6	MQLKX	20.06%
MFS Total Return Bond R6	MRBKX	20.05%
MFS Inflation-Adjusted Bond R6	MIAKX	10.03%
MFS Government Securities R6	MFGKX	10.02%
MFS Global Opportunistic Bd R6	MGBOX	7.01%
MFS Blended Research Mid Cap Eq R6	BMSYX	2.97%
MFS Blended Research Intl Eq R6	BRXVX	2.77%
MFS Global Real Estate R6	MGLRX	2.29%
MFS Commodity Strategy R6	MCSRX	2.25%
MFS Blended Research Value Equity R6	BRUNX	2.01%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02739	Oct 1, 2026
Aug 31, 2026	$0.025	Sep 1, 2026
Jul 31, 2026	$0.02498	Aug 3, 2026
Jun 30, 2026	$0.02497	Jul 1, 2026
May 29, 2026	$0.02489	Jun 1, 2026
May 19, 2026	$0.23551	May 20, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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